Active Listing  ·  24 days on market

1408 Middlefield Ct

Austin, TX 78748
$420,000
3 Bed 3 Bath 1,935 sqft $217/sqft Built 2012 0.16 acres 2-Car Garage Pool Hollow At Slaughter Creek Sec

This inviting home features a functional floor plan with spacious living areas, abundant natural light, and a seamless flow designed for both everyday living and entertaining. Unique features include an oversized cul-de-sac lot, new rock xeriscaping in front yard (July 2026), extended patio, zoned sprinklers, mature crepe myrtles for privacy, full gutters, newish roof (April 2024), custom built-in cabinetry in the garage and google fiber. Situated in a desirable South Austin location just minutes from parks (walkable to Mary Moore Searight Park), schools, shopping, dining, and major employers, this home offers the perfect combination of comfort, convenience, and lifestyle.

At $217/sqft, this home is 45% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1408 Middlefield Ct, Austin, TX 78748

Property Details

Price $420,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,935 sqft
Lot Size 0.16 acres (6,760.51 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hollow At Slaughter Creek Sec
County Travis
Zip Code 78748
$/sqft $217/sqft
Days on Market ,
HOA $175/Quarterly
Annual Tax Est. $8,376.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240714269
List Date July 21, 2026
Elementary School Casey
Middle School Paredes
High School Akins
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
9936 Aly May Dr
Hollow/Slaughter Crk Sec 01
$420,000 $223 3 bd / 3 ba 1,880 sqft , 2026-06-24
9944 Aly May Dr
Hollow At Slaughter Creek Sec 1
$424,000 $198 3 bd / 3 ba 2,146 sqft , 2026-05-30
1414 Strickland Dr
Dittmar Crossing
$425,000 $250 3 bd / 3 ba 1,699 sqft , 2026-06-19
9505 Doliver Dr
Tanglewood Forest Sec 01
$425,000 $284 3 bd / 2 ba 1,494 sqft , 2026-07-22
10502 Wylie Dr #278
Sweetwater Glen Condo Amd
$425,000 $248 3 bd / 3 ba 1,714 sqft , 2026-08-06

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,016/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$84,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 5, 2026.

📞 (254) 718-2567 [email protected] More about Luke →